Azerbaijan expects to have a foreign balance surplus of $14 billion, the chairman of the Central Bank, Elman Rustamov, said at parliamentary talks on the state budget for 2012, APA reports.
Azerbaijani currency reserves are about to hit $42 billion. Its growth rate will reach 10-12% in 10 years.
Budget expenses share 37% of national precuts, a benchmark set by the G-20. Forecasts for oil prices of the International Monetary Fund are $102 per barrel.
